Australia's largest stock trading and investment forum Australia's #1 stock forum

SXE

Click for more information

0.00%

$1.23 southern cross electrical engineering ltd

"Thankfully, the cash outs for Trivantage have now finished, but...

First 14 Last

Share
Profile

Follow
madamswer

16,402 Posts.

7961

16/04/24

11:14

Post #: 73364663
Share

Originally posted by PortfolioPlus ↑

It gets a PASS - just - for mine.
Lower GP caused by change in work type - more infrastructure less resources
Lower ttm ROE - just under 11%
A bit disappointed in the cash ops and expect a turnaround in 2h
I'm never happy when the dividends paid are greater than the NPAT and in this half year cash ops was just 64% of NPAT + D&A
Order book holding well and there is the tremendous exposure to databases and clean energy
Thankfully, the cash outs for Trivantage have now finished, but what a wonderful acquisition
Solid management that just delivers the goods without the flourish of some of the show ponies.
The ff divs look good in the SMSF

Expand

"Thankfully, the cash outs for Trivantage have now finished, but what a wonderful acquisition"

I'll say.

A rare exception to the "Acquisitions Involve Transfer of Value From Shareholders of Acquiring Company to Shareholders of Company Being Acquired" Rule.

.

SXE Price at posting: $1.18 Sentiment: None Disclosure: Held
7 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 2 more messages in this thread...

First 14 Last

Add SXE (ASX) to my watchlist

(20min delay)
Last $1.23		Change 0.000(0.00%)		Mkt cap ! $322.4M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
2	4750	$1.31

Sellers (Offers)

Price($)	Vol.	No.
$1.23	3	1

View Market Depth

No.	Vol.	Price($)
2	4750	1.305
2	4790	1.300
1	2000	1.290
1	3164	1.280
4	7400	1.275

Price($)	Vol.	No.
1.225	3	1
1.275	785	1
1.285	7781	1
1.290	5000	1
1.300	7460	3

Last trade - 16.14pm 03/05/2024 (20 minute delay)

SXE (ASX) Chart

Day chart unavailable